StockNews.com began coverage on shares of Air Transport Services Group (NASDAQ:ATSG – Free Report) in a research note issued to investors on Thursday. The brokerage issued a hold rating on the transportation company’s stock.
Air Transport Services Group Stock Up 0.0 %
Air Transport Services Group stock opened at $22.33 on Thursday. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of -558.11 and a beta of 0.79. Air Transport Services Group has a 52 week low of $11.62 and a 52 week high of $22.38. The business’s 50-day moving average price is $22.22 and its 200 day moving average price is $20.01. The company has a quick ratio of 0.68, a current ratio of 0.81 and a debt-to-equity ratio of 1.06.
Air Transport Services Group (NASDAQ:ATSG – Get Free Report) last issued its quarterly earnings data on Monday, March 3rd. The transportation company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.35 by $0.05. Air Transport Services Group had a positive return on equity of 3.12% and a negative net margin of 0.12%. The company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $521.36 million. As a group, sell-side analysts anticipate that Air Transport Services Group will post 0.83 earnings per share for the current year.
Institutional Trading of Air Transport Services Group
Air Transport Services Group Company Profile
Air Transport Services Group, Inc, together with its subsidiaries, provides aircraft leasing, and air cargo transportation and related services in the United States and internationally. It operates in two segments, Cargo Aircraft Management Inc (CAM) and ACMI Services. The company offers aircraft, flight crews, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance.
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